La democratización de la propiedad accionaria en Colombia: saldo pendiente de la privatización de Isagén
Consistent with the international trend of rolling back the State, Colombia has carried out a policy of privatization for 25 years. This political and economic policy has had the objectives of relocate the role of the State towards social functions, as much as achieving greater competitiveness and efficiency of its economy, to face the international competition. This article analyzing the privatization of the generator of energy Isagén, on January 2016, since a deep polemic in the political, economic and legal areas, that reveals the absence of consensus on the definition and development of the policy of privatization; expectations about the valuation of the company and the offer price; and claim courts to try to stop the process. It also showed an apparent failure of the objective of democratization of stock ownership.
